Customer Service
info@cmegroup.com
800-331-3332 or 312-930-2316
Euro FX/Japanese Yen
Euro FX/Japanese yen options provide a way to:
- Limit downside risk while maintaining exposure to the relative value of the euro and Japanese yen
- Manage risks associated with currency rate fluctuations in the FX markets
- Take advantage of profit opportunities stemming from changes in those rates
Things to know:
- Contract is premium-quoted with American style expiration
- Exercise permitted at any time on or before the expiration date
- Exercised options result in the delivery of futures contracts
- You can view free real-time prices in spot equivalent terms at www.cme.com/e-quivalents
- Trades on the CME Group trading floor during open outcry trading hours
- Trades electronically on the CME Globex platform when the trading floor is closed
- Available 2:00 p.m. to 7:15 a.m. U.S. Central time
- Complete price transparency and anonymity
- CME Clearing clears and settles all trades and guarantees counterparty creditworthiness
View free real-time quotes on a variety of electronically traded CME Group products
CME Group to Offer Volatility-Based Quoting Convention for FX Options
Volatility-based quoting is now offered six FX options on futures contracts: Euro FX, British Pound, Japanese Yen, Canadian Dollar, Swiss Franc and Australian Dollar. These products are traded exclusively on the CME Globex electronic platform.
CME Group FX Reports Record March Volume
CME Group FX continues its momentum in 2008 with average daily volume of 759,000 contracts in the month of March. This is up 16 percent from the same period in 2007 and represents a notional value of $109 billion. Record volumes were posted across all CME Group products.
| Trade Unit | One Euro/Japanese yen futures contract | ||||||
| Settle Method | Delivery | ||||||
| Point Size | 1 point = 0.01 Japanese yen per Euro = 1,250 Japanese yen | ||||||
| Strike Price Interval | |||||||
| Strike | 2 strikes up & down, and including, the strike nearest the money. | ||||||
| Limits/Price Banding | No limits | ||||||
| Tick Size (Minimum Fluctuation) |
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| Trading Hours | Mon/Thurs 5:00 p.m.-7:15 a.m. & 2:00 p.m.-4:00 p.m. Sun & Hol 3:00 p.m.-7:15 a.m | ||||||
| Listed | |||||||
| Product Codes | Clearing Calls/Puts=RY Ticker Calls=RY Ticker Puts=RY Weekly Expiration Options: Calls=1HC/5HC Puts=1HP/5HP AON=UH (100 Threshold) | ||||||
| Minimum Block Size | |||||||
| Product Calendar | Four months in the March quarterly cycle, two months not in the March cycle (serial months), and four weekly expirations. View current product listings |
| Trade Unit | One Euro/Japanese yen futures contract | ||||||
| Settle Method | Delivery | ||||||
| Point (Tick) Size | 1 point = 0.01 Japanese yen per Euro = 1,250 Japanese yen | ||||||
| Strike Price Interval | |||||||
| Strike | All listed intervals | ||||||
| Limits/Price Banding | No limits | ||||||
| Minimum Fluctuation |
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| Trading Hours | 7:20 a.m.-2:00 p.m. | ||||||
| Listed | |||||||
| Product Codes | Clearing Calls/Puts=RY Ticker Calls=RY Ticker Puts=RY Weekly Expiration Options: Calls=1HC/5HC Puts=1HP/5HP AON=UH (100 Threshold) | ||||||
| Minimum Block Size | |||||||
| Product Calendar | Four months in the March quarterly cycle, two months not in the March cycle (serial months), and four weekly expirations. View current product listings |
CME Group to Offer Volatility-Based Quoting Convention for FX Options
Volatility-based quoting is now offered six FX options on futures contracts: Euro FX, British Pound, Japanese Yen, Canadian Dollar, Swiss Franc and Australian Dollar. These products are traded exclusively on the CME Globex electronic platform.
CME Group FX Reports Record March Volume
CME Group FX continues its momentum in 2008 with average daily volume of 759,000 contracts in the month of March. This is up 16 percent from the same period in 2007 and represents a notional value of $109 billion. Record volumes were posted across all CME Group products.
| Contract Month | Product Code | First Trade Date | Last Trade Date | Settlement Date | |
| JUL08 | RYN08 | 04/07/2008 |  |
07/03/2008 | 07/03/2008 |
| JUL08 | 2HN08 | 06/02/2008 | |
07/11/2008 | 07/11/2008 |
| JUL08 | 3HN08 | 06/16/2008 | |
07/18/2008 | 07/18/2008 |
| JUL08 | 4HN08 | 06/23/2008 | |
07/25/2008 | 07/25/2008 |
| AUG08 | RYQ08 | 05/12/2008 | |
08/08/2008 | 08/08/2008 |
| AUG08 | 1HQ08 | 06/30/2008 | |
08/01/2008 | 08/01/2008 |
| SEP08 | RYU08 | 09/10/2007 | |
09/05/2008 | 09/05/2008 |
| DEC08 | RYZ08 | 12/10/2007 | |
12/05/2008 | 12/05/2008 |
| MAR09 | RYH09 | 03/10/2008 | |
03/06/2009 | 03/06/2009 |
| JUN09 | RYM09 | 06/09/2008 | |
06/05/2009 | 06/05/2009 |
| Contract Month | Product Code | First Trade Date | Last Trade Date> | Settlement Date | |
| AUG08 | 3HQ08 | 07/14/2008 | |
08/15/2008 | 08/15/2008 |
| AUG08 | 4HQ08 | 07/21/2008 | |
08/22/2008 | 08/22/2008 |
| AUG08 | 5HQ08 | 07/28/2008 | |
08/29/2008 | 08/29/2008 |
| SEP08 | 2HU08 | 08/04/2008 | |
09/12/2008 | 09/12/2008 |
| OCT08 | RYV08 | 07/07/2008 | |
10/03/2008 | 10/03/2008 |
CME Group to Offer Volatility-Based Quoting Convention for FX Options
Volatility-based quoting is now offered six FX options on futures contracts: Euro FX, British Pound, Japanese Yen, Canadian Dollar, Swiss Franc and Australian Dollar. These products are traded exclusively on the CME Globex electronic platform.
CME Group FX Reports Record March Volume
CME Group FX continues its momentum in 2008 with average daily volume of 759,000 contracts in the month of March. This is up 16 percent from the same period in 2007 and represents a notional value of $109 billion. Record volumes were posted across all CME Group products.